Market Stand-Off Agreements. The Company shall cause each current and future stockholder of the Company to enter into a market stand-off agreement substantially the same as Section 1.13.
Market Stand-Off Agreements. (i) Notwithstanding any contrary provision in the Purchase Agreement or this Warrant, the Holder agrees that such Holder shall not (A) lend, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, this Warrant or any shares of Stock issuable under this Warrant or any securities convertible into or exercisable or exchangeable for this Warrant or such Stock, or (B) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of this Warrant or such Stock or any securities convertible into or exercisable or exchangeable for this Warrant or such Stock, whether any such transaction is to be settled by delivery of Stock or such other securities, in cash or otherwise, without the prior written consent of the Company during the period beginning on the Effective Date of this Warrant and ending on March 31, 2001.
Market Stand-Off Agreements. The Company has obtained --------------------------- agreements from each of its stockholders whereby such stockholder has agreed that, during the period of duration (not to exceed 180 days) specified by the Company and an underwriter of common stock or other securities of the Company, following the effective date of a registration statement of the Company filed under the Securities Act, such stockholder will not, to the extent requested by the Company and the underwriter, directly or indirectly sell, offer to sell, contract to sell (including, without limitation, any short sale), grant any option to purchase or otherwise transfer or dispose of (other than to donees who agree to be similarly bound) any securities of the Company held by such stockholder at any time during such period except common stock, if any, included in such registration statement.
Market Stand-Off Agreements. The Company shall use its reasonable best efforts to obtain from all future persons who shall purchase, or receive options to purchase, shares of the Company's Common Stock following the date hereof an executed stock purchase or option agreements providing for a 180-day lockup period in connection with the Company's initial public offering on terms and conditions at least as restrictive as those set forth in Section 1.13 hereof.
Market Stand-Off Agreements. Investor agrees that, to the extent requested by the underwriters of Company’s securities in such registered offering, it shall not sell or otherwise transfer or dispose of (i) any Securities or other shares of Common Stock of Company then owned by Investor for up to 180 days following the effective date of the first registration statement filed by Company under the Securities Act for a Qualified Public Offering and (ii) any Option Shares then owned by Investor for up to 90 days following the effective date of the first registration statement filed after the Vesting Date by Company under the Securities Act for a primary offering by Company of shares of Common Stock in a firm commitment underwriting; provided, that all executive officers and directors of Company and holders of at least one percent of Company’s voting securities are bound by and have entered into similar agreements.
Market Stand-Off Agreements. Holder shall not sell, dispose of, transfer, make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a sale, any Exercise Shares (or other securities) of the Company held by Holder, for a period of time specified by the managing underwriter(s) (not to exceed one hundred eighty (180) days) (the “Lock-Up Period”) following the effective date of a registration statement of the Company filed under the Act or a prospectus of the Company filed pursuant to Canadian securities laws. Holder agrees to execute and deliver such other agreements as may be reasonably requested by the Company and/or the managing underwriter(s) which are consistent with the foregoing or which are necessary to give further effect thereto. Holder further agrees that, following expiration of the Lock-Up Period, it will not sell any Exercise Shares (or other securities) of the Company held by Holder or its affiliates in excess of the volume limitations imposed on affiliates of the Company by Rule 144(e) as adopted under the Act (or the successor to such rule), regardless of whether the Holder is an “affiliate” of the Company for purposes of such rule. In order to enforce the foregoing covenants, the Company may impose stop-transfer instructions with respect to such Exercise Shares (or other securities) until the end of such period. The underwriters of the Company’s securities are intended third party beneficiaries of this Section 10 (as it pertains to the Lock-Up Period) and shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto.
Market Stand-Off Agreements. (a) Each Holder owning Registrable Securities agrees that, in connection with an Underwritten Offering, except for sales in such Underwritten Offering, it will not effect any public sale or distribution (including sales pursuant to Rule 144 and pursuant to derivative transactions) of Common Stock in connection with an Underwritten Offering, during (A) the period commencing on the effective date of, and ending on the 60th day (180th day, in the case of an IPO) following, the effectiveness of the Resale Registration Statement covering such Registrable Securities in connection with such Underwritten Offering or (B) such shorter period as the underwriters with respect to such Underwritten Offering may require; provided that the duration of the restrictions described in this clause (i) shall be no longer than the duration of the shortest restriction generally imposed by the underwriters on the chief executive officer and the chief financial officer of the Company (or Persons in substantially equivalent positions) in connection with such Underwritten Offering.
Market Stand-Off Agreements. Each Full Rightholder agrees, if requested by the managing underwriters in an Underwritten Offering, except in connection with a Block Trade, not to effect any public sale or distribution of securities of the Company the same as or similar to those being registered, or any securities convertible into or exchangeable or exercisable for such securities, in such Registration Statement, including a sale pursuant to Rule 144 or Rule 144A under the Securities Act (except as part of such Underwritten Registration), during the 90-day period beginning on the commencement of the public distribution of securities, to the extent timely notified in writing by the Company or the managing underwriters. In order to enforce the foregoing covenants, the Company may impose stop-transfer instructions with respect to the securities of each Full Rightholder. The Full Rightholders agree to enter into a separate agreement providing for the foregoing, as may be requested by the Company and the managing underwriter(s) of any such public offering; provided, however, that all executive officers and directors of the Company, each Full Rightholder and all other Persons with registration rights (whether or not pursuant to this Agreement) are bound by and have entered into an agreement with substantially identical material terms.
Market Stand-Off Agreements. The Company will (i) enforce all, and not release or waive any, provisions of any market stand-off agreements that holders of its stock, options, restricted stock awards or other securities that are convertible into or exchangeable for, or that represent the right to receive, Common Stock or any other securities of the Company are party to (collectively, the “Market Stand-Off Agreements”) without the prior written consent of the Representatives, in their sole discretion and (ii) take all reasonable steps to ensure that such Market Stand-Off Agreements are given full effect and that the parties to such Market Stand-Off Agreements will not, directly or indirectly, sell, transfer or otherwise dispose of such shares and other securities of the Company during the duration of the transfer restrictions contained in the “lock-up” agreements delivered to you pursuant to Section 6(k) hereof, including, but not limited to, imposing stop-transfer instructions with respect to the shares of Stock or other securities of the Company that are subject to such Market Stand-Off Agreements during such period.
Market Stand-Off Agreements. 17 2.7 Director and Officer Liability Insurance .................................... 17 2.8
